$4,869 Closing Credit*
$410,000
2,000 SqFt
3 Beds
•2 Full Baths
David R Sordelet, Listing Office: Real Broker, LLC
Is Delaware City, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Delaware City has remained a Seller's Market.
Key Takeaway
Delaware City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delaware City, DE
How much do homes in Delaware City, DE cost?
Median Sold Price
$265,250
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$38,150(-12.6%)
Key Takeaway
Homes in Delaware City have sold for 12.6% less than they did a year ago.
Summary: The median home sold price in Delaware City was $265,250 in December 2024, down 12.6% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $235K | N/A |
| 2 Bedrooms | $405K | $248.4K | -38.7% |
| 3 Bedrooms | $290K | $272.7K | -5.9% |
| 4 Bedrooms | $495K | $310K | -37.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Delaware City housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.7%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 37.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Delaware City | $303.4K | $265.2K | -12.6% |
| Red Lion | $488K | $410K | -16.0% |
Housing Supply in Delaware City, DE
How many homes are available in Delaware City, DE?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Delaware City real estate market had 9 homes for sale in December 2024, a 10.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Delaware City housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delaware City, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Delaware City in December 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Delaware City, DE
How long does it take to sell a home in Delaware City, DE?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 35 Days | 55 Days | +57.1% |
Summary: Homes in Delaware City had an average of 55 days on market in Dec 2024, up by 57.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Delaware City are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in Delaware City; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
